From the Denver Business Journal

A Colorado uranium company that’s branching out into more lithium production said it’s changing its name.

Uranium Resources Inc. (Nasdaq: URRE) of Centennial said it’s changing its name to Westwater Resources Inc. effective today.

Its stock symbol on the Nasdaq Stock Exchange is also changing, to “WWR.”

“As our lithium business grows to support the rising demand for energy storage, we believe that our name and identity needed to reflect this broader market focus,” said Christopher Jones, CEO, in a statement.

Last August, the company said it was expanding into lithium production with the acquisition of a 4,600-acre tract in west central Nevada.

Lithium is used in the making of batteries for electrical storage and used in devices ranging from cell phones to automobiles.

In addition, the company said it was naming Terence Cryan as chairman of its board, replacing Jones, who will remain president and CEO.


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